Most-Downgraded Stocks NASDAQ:ZS Zscaler - ZS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Zscaler, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $111.93 -0.63 (-0.56%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$110.53▼$113.0650-Day Range$105.45▼$142.7752-Week Range$99.64▼$253.74Volume1.79 million shsAverage Volume3.40 million shsMarket Capitalization$16.24 billionP/E RatioN/ADividend YieldN/APrice Target$170.14 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Zscaler MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside52.0% Upside$170.14 Price TargetShort InterestHealthy7.81% of Float Sold ShortDividend StrengthN/ASustainability-0.86Upright™ Environmental ScoreNews Sentiment0.70Based on 9 Articles This WeekInsider TradingSelling Shares$1.75 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.30) to ($1.21) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.71 out of 5 starsComputer And Technology Sector114th out of 612 stocksCustom Computer Programming Services Industry7th out of 26 stocks 4.3 Analyst's Opinion Consensus RatingZscaler has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 21 buy ratings, 14 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $170.14, Zscaler has a forecasted upside of 52.0% from its current price of $111.93.Amount of Analyst CoverageZscaler has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.81% of the float of Zscaler has been sold short.Short Interest Ratio / Days to CoverZscaler has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Zscaler has recently decreased by 1.03%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldZscaler does not currently pay a dividend.Dividend GrowthZscaler does not have a long track record of dividend growth. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreZscaler has received a 46.53% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity assesment software", "Firewall software", and "Secure connectivity software" products. See details.Environmental SustainabilityThe Environmental Impact score for Zscaler is -0.86. Previous Next 3.7 News and Social Media Coverage News SentimentZscaler has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Zscaler this week, compared to 7 articles on an average week.Search Interest93 people have searched for ZS on MarketBeat in the last 30 days. This is an increase of 82% compared to the previous 30 days.MarketBeat Follows38 people have added Zscaler to their MarketBeat watchlist in the last 30 days. This is an increase of 73% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Zscaler insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,752,637.00 in company stock.Percentage Held by Insiders19.80% of the stock of Zscaler is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.33% of the stock of Zscaler is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Zscaler are expected to grow in the coming year, from ($1.30) to ($1.21) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Zscaler is -48.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Zscaler is -48.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioZscaler has a P/B Ratio of 30.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Zscaler (NASDAQ:ZS) StockZscaler, Inc. engages in the provision of a cloud-based internet security platform. It offers Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience. The company was founded by Jagtar Singh Chaudhry and K. Kailash in September 2007 and is headquartered in San Jose, CA.Read More Receive ZS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Zscaler and its competitors with MarketBeat's FREE daily newsletter. Email Address ZS Stock News HeadlinesMarch 8, 2023 | marketbeat.com3 Downgraded Stocks You Might Want To Buy (ZS)These "most downgraded" stocks are still getting bought by analysts who see upside potential growing after a year of correction.March 8, 2023 | marketbeat.comCrowdstrike Stock: While The Iron Is Hot! (ZS)Crowdstrike reported a record quarter and the analysts are gushing, according to them execution is sound and guidance may be light.March 25, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 3, 2023 | marketbeat.comZscaler, Inc Plummets, Is It Time To Buy The Dip? Cyber-security player Zscaler reported robust earnings and guidance but shares fell 10%; this is an opportunity according to the analysts.March 24, 2023 | finance.yahoo.com1 Under-the-Radar Stock to Buy and HoldMarch 24, 2023 | finance.yahoo.comFed Says Rate Hike Nearing End: 5 Tech Stocks to Buy on the DipMarch 20, 2023 | americanbankingnews.comZscaler, Inc. (NASDAQ:ZS) Insider Sells $389,249.55 in StockMarch 20, 2023 | americanbankingnews.comAnalysts Set Zscaler, Inc. (NASDAQ:ZS) Target Price at $173.71March 25, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 20, 2023 | americanbankingnews.comCapital One Financial Begins Coverage on Zscaler (NASDAQ:ZS)March 18, 2023 | americanbankingnews.comZscaler (NASDAQ:ZS) PT Lowered to $165.00 at Credit Suisse GroupMarch 16, 2023 | finance.yahoo.comIs Zscaler (ZS) a Buy as Wall Street Analysts Look Optimistic?March 15, 2023 | finance.yahoo.comWhy Zscaler Stock Slumped on WednesdayMarch 15, 2023 | finance.yahoo.comZscaler Extends CNAPP Capabilities with Integrated Data Loss Prevention and Threat Intelligence from the World’s Largest Security CloudMarch 10, 2023 | finance.yahoo.comIs It Time to Sell Zscaler Stock?March 10, 2023 | finance.yahoo.comZscaler Appoints Global Sales and Alliances Veteran to Grow Worldwide Zero Trust Ecosystem SalesMarch 7, 2023 | finance.yahoo.comWhere Will Zscaler Stock Be in 1 Year?March 6, 2023 | finance.yahoo.comZscaler, Inc. (NASDAQ:ZS) Q2 2023 Earnings Call TranscriptMarch 6, 2023 | finance.yahoo.comIs ZScaler Stock a Buy Right Now?March 6, 2023 | finance.yahoo.comBest Stock to Buy Now: CrowdStrike vs. ZScalerMarch 3, 2023 | finance.yahoo.comPut Zscaler at the End of the ListMarch 3, 2023 | finance.yahoo.comZscaler stock sheds more than 10% as cybersecurity company has ‘a lot more explaining to do’March 3, 2023 | finance.yahoo.comZscaler Plunges As Earnings Top Views, But Size Of Billings Beat DisappointsMarch 3, 2023 | finance.yahoo.comC3.ai, Samsara, Zscaler, First Solar, Apple, and More Stock Market Movers TodayMarch 2, 2023 | finance.yahoo.comZscaler Reports Second Quarter Fiscal 2023 Financial ResultsMarch 2, 2023 | finance.yahoo.comZscaler stock drops more than 10% following outlook hike, job cutsMarch 2, 2023 | finance.yahoo.comStocks moving in after hours: Dell, C3.ai, Zscaler, ChargePointSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ZS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Zscaler and its competitors with MarketBeat's FREE daily newsletter. Email Address ZS Company Calendar Last Earnings11/30/2021Today3/25/2023Next Earnings (Estimated)5/25/2023Fiscal Year End7/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ZS CUSIPN/A CIK1713683 Webwww.zscaler.com Phone(408) 533-0288FaxN/AEmployees4,975Year Founded2007Price Target and Rating Average Stock Price Forecast$170.14 High Stock Price Forecast$268.00 Low Stock Price Forecast$115.00 Forecasted Upside/Downside+52.0%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage36 Analysts Profitability EPS (Most Recent Fiscal Year)($2.29) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-390,280,000.00 Net Margins-24.08% Pretax Margin-23.31% Return on Equity-50.58% Return on Assets-9.30% Debt Debt-to-Equity Ratio2.16 Current Ratio2.01 Quick Ratio2.01 Sales & Book Value Annual Sales$1.09 billion Price / Sales14.89 Cash FlowN/A Price / Cash FlowN/A Book Value$3.64 per share Price / Book30.75Miscellaneous Outstanding Shares145,120,000Free Float116,386,000Market Cap$16.24 billion OptionableOptionable Beta0.88 Social Links Key ExecutivesJagtar Singh ChaudhryChairman & Chief Executive OfficerDali RajicChief Operating OfficerRemo E. CanessaChief Financial OfficerPatrick FoxhovenEVP & Chief Innovation OfficerPraniti LakhwaraChief Information OfficerKey CompetitorsEPAM SystemsNYSE:EPAMAspen TechnologyNASDAQ:AZPNAmdocsNASDAQ:DOXVeriSignNASDAQ:VRSNWiproNYSE:WITView All CompetitorsInsiders & InstitutionsETF Managers Group LLCBought 12,017 shares on 3/23/2023Ownership: 0.318%Jagtar Singh ChaudhrySold 900 sharesTotal: $96,111.00 ($106.79/share)Remo CanessaSold 6,229 sharesTotal: $665,194.91 ($106.79/share)Dali RajicSold 5,638 sharesTotal: $602,082.02 ($106.79/share)Robert SchlossmanSold 3,645 sharesTotal: $389,249.55 ($106.79/share)View All Insider TransactionsView All Institutional Transactions ZS Stock - Frequently Asked Questions Should I buy or sell Zscaler stock right now? 36 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last twelve months. There are currently 14 hold ratings, 21 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ZS shares. View ZS analyst ratings or view top-rated stocks. What is Zscaler's stock price forecast for 2023? 36 brokerages have issued 12-month target prices for Zscaler's stock. Their ZS share price forecasts range from $115.00 to $268.00. On average, they predict the company's share price to reach $170.14 in the next year. This suggests a possible upside of 52.0% from the stock's current price. View analysts price targets for ZS or view top-rated stocks among Wall Street analysts. How have ZS shares performed in 2023? Zscaler's stock was trading at $111.90 on January 1st, 2023. Since then, ZS shares have increased by 0.0% and is now trading at $111.93. View the best growth stocks for 2023 here. When is Zscaler's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023. View our ZS earnings forecast. How were Zscaler's earnings last quarter? Zscaler, Inc. (NASDAQ:ZS) posted its quarterly earnings data on Tuesday, November, 30th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The firm earned $230.52 million during the quarter, compared to the consensus estimate of $212.33 million. Zscaler had a negative net margin of 24.08% and a negative trailing twelve-month return on equity of 50.58%. The company's quarterly revenue was up 61.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.28) EPS. What ETFs hold Zscaler's stock? ETFs with the largest weight of Zscaler (NASDAQ:ZS) stock in their portfolio include Spear Alpha ETF (SPRX), Global X Cybersecurity ETF (BUG), TrueShares Technology, AI & Deep Learning ETF (LRNZ), Global X Cloud Computing ETF (CLOU), ETFMG Prime Cyber Security ETF (HACK), iShares Cybersecurity and Tech ETF (IHAK), Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO) and WisdomTree Cybersecurity Fund (WCBR). What guidance has Zscaler issued on next quarter's earnings? Zscaler updated its third quarter 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share guidance of $0.39-$0.39 for the period, compared to the consensus EPS estimate of $0.31. The company issued revenue guidance of $396.00 million-$398.00 million, compared to the consensus revenue estimate of $387.32 million. What is Jay Chaudhry's approval rating as Zscaler's CEO? 684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Zscaler own? Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD). When did Zscaler IPO? (ZS) raised $110 million in an initial public offering on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers. What is Zscaler's stock symbol? Zscaler trades on the NASDAQ under the ticker symbol "ZS." Who are Zscaler's major shareholders? Zscaler's stock is owned by many different institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (3.31%), Voya Investment Management LLC (2.00%), First Trust Advisors LP (1.23%), Franklin Resources Inc. (0.89%), Susquehanna International Group LLP (0.00%) and Geode Capital Management LLC (0.83%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View institutional ownership trends. How do I buy shares of Zscaler? Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Zscaler's stock price today? One share of ZS stock can currently be purchased for approximately $111.93. How much money does Zscaler make? Zscaler (NASDAQ:ZS) has a market capitalization of $16.24 billion and generates $1.09 billion in revenue each year. The company earns $-390,280,000.00 in net income (profit) each year or ($2.29) on an earnings per share basis. How many employees does Zscaler have? The company employs 4,975 workers across the globe. How can I contact Zscaler? Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com. This page (NASDAQ:ZS) was last updated on 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.